莱茵体育(000558) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥35,406,113.24, a decrease of 15.87% compared to the same period last year[3] - The net profit attributable to shareholders was -¥15,709,833.82, representing a decline of 555.29% year-on-year[3] - The company reported a significant increase in operating costs, amounting to ¥96,559,374.37, which is a 64.77% rise year-on-year due to new revenue recognition standards[9] - Total operating revenue for Q3 2021 was ¥107,396,370.26, an increase of 10.4% compared to ¥97,262,404.01 in Q3 2020[24] - Total operating costs rose to ¥175,481,085.03, up 37.4% from ¥127,636,259.05 in the previous year[24] - Net loss for Q3 2021 was ¥70,945,429.29, compared to a net loss of ¥20,639,431.16 in Q3 2020, reflecting a significant increase in losses[25] - Total comprehensive income for the period was -¥69,577,933.99, compared to -¥22,120,002.49 in the previous period[26] - Basic and diluted earnings per share were both -¥0.0513, a decrease from -¥0.0169 in the previous period[26] Cash Flow and Assets - The net cash flow from operating activities was ¥12,908,605.16, an increase of 117.53% compared to the previous year[3] - The company's cash flow from investing activities was -¥51,746,567.75, a decrease of 137.22% compared to the previous year, primarily due to the previous year's sale of subsidiaries[9] - Cash flow from operating activities generated a net cash inflow of ¥12,908,605.16, up from ¥5,934,081.59 in the previous period[29] - Cash outflow from financing activities resulted in a net cash outflow of -¥150,629,730.37, an improvement from -¥171,177,719.33 in the previous period[30] - Cash and cash equivalents dropped significantly to ¥117,475,579.12 from ¥315,373,686.83, a decline of about 62.8%[20] - Cash and cash equivalents at the end of the period were ¥117,442,023.77, down from ¥320,517,792.58 at the end of the previous period[30] - The company's total assets decreased to ¥1,981,024,775.04 from ¥2,165,881,489.35 at the end of 2020, a decline of approximately 8.5%[22] Shareholder and Equity Information - The company’s total equity attributable to shareholders decreased by 5.36% to ¥1,152,001,508.42 compared to the previous year[3] - The company has a performance compensation commitment from Rhine Da Holdings to ensure no losses for the years 2019 and 2020, with obligations to cover any losses incurred[15] - The top ten shareholders include Rhine Da Holdings with 147,152,500 shares, indicating concentrated ownership among a few entities[12] - The company has not triggered the performance compensation commitment for 2019 but did for 2020, leading to ongoing disputes regarding financial obligations[16] - The company’s financial performance and shareholder agreements are under scrutiny due to the significant losses reported in 2020[17] Management and Corporate Actions - The company has relocated its management office to Chengdu, effective July 5, 2021, to support its operational development[13] - The company appointed a new securities affairs representative, Song Linglong, on August 30, 2021, following the resignation of the previous representative[14] - Chengdu Sports Industry Investment Group has initiated arbitration against the controlling shareholder, Rhine Da Holdings, for failing to fulfill performance compensation commitments as per the share transfer agreement[17] - The third quarter report was not audited, indicating that the figures may be subject to further review[35] Financial Liabilities - Total liabilities amounted to CNY 946,439,898.80, with current liabilities at CNY 406,168,175.72 and non-current liabilities at CNY 540,271,723.08[34] - Current liabilities decreased to ¥321,782,730.12 from ¥406,168,175.72, a reduction of about 20.8%[22] - Long-term liabilities decreased slightly to ¥509,378,388.36 from ¥540,271,723.08, a decrease of approximately 5.7%[22]